Author: Jordan

For the past couple of years, the housing market has been a touchy subject for many Americans. As both mortgage rates and home prices remained elevated far above pandemic levels, many lost hope in the American dream of homeownership, and younger generations gave up on the idea altogether. But the CEO of Rocket Companies, whose flagship subsidiary is Rocket Mortgage, said this week there are signs Americans are moving off the sidelines and vying for homeownership. Coming at the heels of mortgage rates dropping just slightly below 6%, Rocket CEO Varun Krishna told CNBC the company is poised to have…

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Further Queensland targets are instore for Palmerston North sprinter Platinum Pantheon (Hanseatic) following his runner-up effort in the Listed Queensland Day Stakes (1200m) at Eagle Farm on Saturday.The three-year-old son of Hanseatic booked his ticket across the Tasman following his second placing in the Gr.3 Cambridge Breeders’ Stakes (1200m) at Te Rapa on ANZAC Day, with his first two runs in Australia producing sixth placings in the Gr.3 Gold Coast Guineas (1200m) and Gr.3 Fred Best Classic (1400m).Trainer Lisa Latta then took aim at the Queensland Day Stakes with her exciting gelding and he impressed her when storming home late…

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Aries: Ace of SwordsThis week brings clarity, truth, and breakthrough moments. A situation that has felt confusing may finally make sense. Important conversations, decisions, paperwork, or opportunities could help you move forward with confidence. Trust facts over assumptions and do not be afraid to speak your truth.Tarot horoscopeLucky Ritual: Write one goal on a bay leaf and keep it inside your notebook or planner throughout the week.Taurus: Eight of PentaclesHard work pays off this week. You are being encouraged to stay focused on your goals, business, studies, or personal development. While results may not arrive overnight, every effort you make…

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Voya Investment Management this week announced the launch of its new multi manager series of collective investment trusts (CITs) designed for defined contribution retirement plans, bringing together well-known managers within a single CIT structure. In a press release, Voya IM, the asset management business of Voya Financial, Inc., said V-ALT Multi-Manager Alternative Fixed Income and V-ALT Multi-Manager Alternative Equity will help reduce manager concentration risk and return dispersion while at the same time combining scale, investment expertise and differentiated strategies that are largely unavailable in traditional public-only portfolios. “The Voya Alt CITs were designed to balance the potential for enhanced investment…

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The Committee on datasets for State Finance Commissions report will be released at an event organised by the Ministry of Panchayati Raj in New Delhi on Monday, according to a statement. Anantha Nageswaran, Chief Economic Advisor, will present the report in the presence of Vivek Bharadwaj, Secretary of the Ministry of Panchayati Raj, and Manish Gupta, Associate Professor at the National Institute of Public Finance and Policy (NIPFP), alongside senior officials and representatives from research institutions and policy organisations. Following the release, the Chief Economic Advisor will deliver a keynote address on the importance of data-driven policymaking and evidence-based fiscal…

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BHP Group’s Canadian unit has recently signed rail transportation agreements with Canadian National Railway and Canadian Pacific Kansas City, securing dual access to move potash, metallurgical coal, and copper concentrates from the Jansen Potash Mine and other operations to West Coast export terminals. This expansion of logistics capacity complements BHP’s increasing emphasis on copper and potash, reinforcing its role as a key supplier of materials tied to electrification and agricultural demand. We’ll now examine how BHP’s new dual rail agreements for Jansen potash may influence the company’s broader investment narrative. The future of work is here. Discover the 33 top…

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Key Insights: The HKMA launched an expert group to accelerate the adoption of tokenized bonds in Hong Kong. HKMA wants clearer rules and stronger systems for wider bond tokenization. Hong Kong is building on earlier digital bonds worth billions of Hong Kong dollars. Hong Kong has formed a new expert group to advance tokenized bonds, bringing global banks and digital asset firms into its fixed-income strategy. The Hong Kong Monetary Authority said the group will study rules, market standards, and infrastructure needed for wider issuance. Members include JPMorgan Securities, HSBC, Standard Chartered Bank, UBS, Ant Digital, HashKey Group, and several…

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President Trump told the world on June 5 that Fannie Mae and Freddie Mac might be worth a cool $1 trillion combined. The market briefly believed him, then thought better of it. Shares of Fannie Mae (FNMA) jumped as much as 10% in early trading on the over-the-counter market. Freddie Mac (FMCC) wasn’t far behind, climbing nearly 9.7%. By midday, though, most of those gains had evaporated as analysts started doing what analysts do: running the actual numbers. The gap between rhetoric and reality Wall Street’s consensus estimate for the combined fair value of these two mortgage finance behemoths sits…

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